726 S Gage Avenue, Los Angeles, California, United States, 90023

1,199,999
for Sale
9,029

About the property:

Excellent value-add opportunity to acquire a five-unit multifamily property in the East Los Angeles area. Situated on an approximately 9,000-square-foot lot, the property consists of three separate residential structures totaling approximately 3,036 square feet and offers a diverse unit mix. The current seller-provided rent roll generates approximately $5,700 per month, or $68,400 annually, providing an investor the opportunity to acquire an established income-producing property with potential for future rental growth subject to applicable laws and regulations. Conveniently located near major transportation corridors, shopping, employment centers and Downtown Los Angeles. Five units, three structures, one parcel and a substantial lot create an attractive long-term investment opportunity. Buyer to independently verify square footage, unit configuration, permits, zoning, rents, expenses and all other property information. All information is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information, including but not limited to square footage, lot size, zoning, permitted uses, rents, expenses, income, permits, and property condition. Buyer to conduct all due diligence and satisfy themselves as to the accuracy of all information.
Property Type:
Apartment
Status:
for Sale
Acres:
0.2073
Square Feet:
3036
Directions:
Use GPS
Is Art:
Yes
Is Apartment:
Yes
Is Investment:
Yes
Is Mix:
Yes
Is Other:
Yes
Is Transportation:
Yes
Is Unit:
Yes
Listing ID:
PW26201971

Rooms

Dimensions

Brokered by:
Liberty Real Estate Services
Presented By: